• Journal of Technology Innovation
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• v.24 no.1
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• pp.143-167
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• 2016

The purpose of this study is to analyze changes of innovation activities and their performance in pre-IPO and post-IPO of KOSDAQ IPO listed companies in medical and pharmaceutical fields, which require high R&D investment, from 2000 to 2005 in Korea. The innovation efficiencies of the IPO companies were measured before and after three years based on the DEA model. The financial data and patent information of the listed company during total 6 years, which were 3 years before IPO and 3 years after IPO, were collected. The main results of this research are as follows. First, it took an average 12.86 years until IPO in the start-up of the IPO companies in the pharmaceutical sector, and innovation was on average more active than the IPO before. R&D investment was higher than the IPO before, and the number of the applied patent during 3 years after IPO was 16.67 which was increased from 8.43 during 3 years before IPO. In addition, the average scope of technology of the IPO companies was expanded from 11 to 22 technology fields during previous 3 year and after 3 year each, and financial growth after IPO was lower than the previous IPO. Second, the financial performance of R&D investment and the performance of patent activity were weakened in the efficiency after the IPO, and the integrated performance from the patenting activities and the R&D investment was decreased after the IPO. Finally, the efficiency of the financial performance of the patenting activity was lower than the efficiency of the financial performance of the patent and R&D investment and patent activities under the R&D investment. In particular, the inefficiency of the firms' patenting activities performance after the IPO was caused by the decreasing return to scale, according to the results of this study. This results implicate that the expansion of R&D investments through the IPO had not lead to the financial performance of the market, and that the overall inefficiency since the IPO is due to the inefficiencies at the stage for the outcome of innovation activity rather than the output obtained through the R&D investments that appear to lead the performance of the market.

• Proceedings of the Technology Innovation Conference
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• 1997.07a
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• pp.247-265
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• 1997

The objectives of not-for-profit organizations including government supported research institutes are, by definition, to achieve socially desired nonfinancial goals. Current reporting focuses on providing information to meet the needs of users. This information may be provided in the annual research report, financial report, and other reports. An objective of current reporting is to provide users with information that will assist them in evaluating the performance(efficiency and effectiveness) of reporting entity. The evaluation of R&D project's performance requires information not only about the acquition and use of resources, but also about the outputs and outcomes of R&D activities, This study aims to recommend that R&D Service Efforts and Accomplish- mints(SEA) reporting is useful for performance evaluation in national R&D programmes. To achieve this aims, I attempt to develop the R&D SEA measures with reference to the Concepts Statement No. 2 of the Governmental Accounting Standards Board. R&D SEA measures consist of five categories : (1) input measures, (2) outcome measures, (3) output measures, (4) re1a1e efforts to accomplishments, (5) explanatory information.

• Journal of Korea Technology Innovation Society
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• v.19 no.3
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• pp.572-603
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• 2016

This study examines how scientists understand standardization and standardization policy in the Korean national R&D context and analyze future policy direction of standardization policy. Interview with 15 scientists at universities and government-funded research institutes who have participated national R&D (particularly in the field of technology convergence) were conducted. The results show that considerations of standardization at the process of technology convergence is somewhat different from them at the process of general R&D. Also, considerations of standardization at the process of technology convergence is needed at the later time within the R&D time schedule because of low visibility and forecasting on the technology convergence outcome. It finds that "standardization by private sector" is the future policy direction in Korea. The government needs to be remained as "helper" for private sector to lead standardization in a globalized market

• Journal of Technology Innovation
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• v.21 no.1
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• pp.165-198
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• 2013

The purpose of the study is to identify risk factors and analyze risk impacts to increase R&D outcome by taking into consideration the activities undertaken in each phase of New Product Development(NPD) process. The paper builds on survey research that has been developed new IT products within the past 5 years at SAMSUNG and LG subsidiaries in the Republic of Korea. This study identified risk factors in accordance with NPD process and evaluated the identified risk factors with survey questionnaires. To analyze the risk impacts were used to perform a logistic regression analysis based on R&D output. The impact of risk factors were higher for the low-output group. High-output group took a risk into consideration unique undertakings in project management and managed risk factors effectively in order to increase R&D output. Consequently, with the aim of improving output of R&D, a risk management is necessary to identify the risk factors for each phase of NPD and focus on managing risk factors with great effect.

• Journal of Korean Academy of Nursing Administration
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• v.12 no.3
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• pp.385-396
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• 2006

Purpose: This study was a literary investigation in the development of an effective team-raised and cultural nursing organization targeting operating room nurses. This was done by grasping organizational features, different types of nursing organizational culture and team effectiveness, and by analyzing the relationships among variables. Method: The participators were 373 nurses. The data was collected between March 10th and April 28th, 2004. SPSS Win 11.0 program was used for data analysis. Results: Results of this study were as follows: A nursing organization at operating rooms was found to have an organizational culture with the characteristic of a centralized power and hierarchy-oriented organizational culture. With respect to a relationship between operating room organizational characteristics and the types of nursing organizational culture, there was a significant correlation in relationship-oriented culture and innovation-oriented culture. In the relation between the types of operating room organizational culture and team-effectiveness, it showed a significant correlation in team-devotion, peer-groupsatisfactional perception of a team's outcome in decreasing order. Conclusion: The organizational characteristic at operating rooms was power centralization and the culture type was hierarchy-oriented. These are factors that have a negative effect on a team-effectiveness-affecting relationship-oriented culture, innovation-oriented culture and work-oriented culture.

• Journal of the Korean Regional Science Association
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• v.31 no.2
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• pp.3-28
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• 2015

While industrial ecology theories and policy approaches have been considerably influential in regional economy, the dynamism and limitations of regional venture ecosystem are less clearly examined. In particular, the activities of strategic network brokerage require further research in relation to its internal and external interactions and collaborative mechanisms. Based on the analysis results of conditions of Daegu Gyeongbuk regional venture firms, this article examines the necessities of strategic network brokerage in regional venture ecosystem in the dimensions of network conditions as the intrinsic limitations, of innovation direction method outcome as the extrinsic trends, and of the related regional demands. In particular, this article tries to explore the roles and activity scopes of strategic network brokerage to contribute for making up for the weakness of diverse network infrastructures of regional venture ecosystem, for dealing with the mismatch for the extrinsic change trends of industrial technologies, and for fulfilling the strengthening trends of intrinsic capacities.

• Journal of Korea Technology Innovation Society
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• v.14 no.3
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• pp.552-577
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• 2011

We have analyzed technology transfer and commercialization process and factors affecting the outcomes of technology commercialization of public research institutes in Korea. A technology commercialization process model was presented as an input, intermediate outcomes/capabilities, output (outcome) structure using the structural equation model. Input variables include R&D input, technology commercialization strategy/support, collaboration, social capital. The model also includes R&D capabilities and technology commercialization performance as intermediate variable and output variable respectively. The technology commercialization performance was measured as the number of technology transfer and spin-off. We conducted survey and 88 institutes responded. Empirical results show that R&D input influence R&D capabilities and R&D capabilities influence the output of technology transfer and commercialization. Collaboration activities and social capital also appear to have a positive effect on the output. However, the effect of strategy and support on the output appear to be not statistically significant.

• Asian Journal of Innovation and Policy
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• v.10 no.3
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• pp.294-315
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• 2021

Since the division of South and North Korea in 1945, there has been little exchange in science and technology, despite some interchange in a few fields including the chemistry area. Accordingly, the difference in scientific and technological terminology between the two Koreas has become intensified. This is because North Korea carried out a campaign to purify the Korean language and blocked the inflow of foreign words. They also tried to convert into their own North Korean terms in many fields. This circumstance in North Korea aggravated the heterogeneity of inter-Korean scientific and technological terms. In particular, the heterogeneity of chemical terminology has worsened due to the different characteristics of the technology donor countries such as the United States and Japan in South Korea, and China and the Soviet Union in North Korea between the two Koreas and the different way of technological development. The purpose of this study is to collect chemical terminology data used in two Koreas and analyze similarities and differences. Through comparative analysis of inter-Korean terminology in the chemical field, it can be possible to recognize how the chemical terms between the two Koreas have changed since the division and the degree of heterogeneity based on different technical systems and language policies. The outcome of this study would present basic data on the unification of chemical terminology in preparation for before and after unification, and contribute to communication and academic exchange between researchers in the inter-Korean scientific and technological fields, including chemistry.

• The Journal of Bigdata
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• v.6 no.2
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• pp.109-124
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• 2021

In this paper, the structural characteristics of Industry-University cooperation networks are analyzed using network analysis. Recent studies have shown that technological cooperation and joint research has a positive effect on R&D performance. In order to boost innovation performance, various types of cooperative activities and governmental policy supports for major R&D stakeholders(i.e. universities, laboratories, etc.) are provided. However, despite these efforts, the outcome is still insufficient, so it is time to prepare for a plan to build an innovative network to strengthen university-centered Industry-University cooperation activities. Specifically, this study builds the networks according to the form of Industry-University cooperations(i.e. patent, paper, joint research, and technology transfer), and different types of Industry-University cooperation networks are analyzed from a statistical viewpoint by using QAP correlation and regression analyses. The analysis results show that joint research network is closely related to paper network, and is related to other Industry-University cooperation networks. This study is expected to shed a light on supporting innovation activities such as establishing Industry-University cooperation strategies and discovering cooperative partners necessary for creating new growth engines for universities.

• Journal of Venture Innovation
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• v.1 no.1
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• pp.1-14
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• 2018

The 4th Industrial Revolution is making a big change for our company like the tsunami. The CPS system, which is represented by the digital age, is based on the data accumulated in the physical domain and is making business that was not imagined in the past through digital technology. As a result, the business model of the 4th Industrial Revolution era is different from the previous one. In this study, we analyze the trends and the issues of business innovation theory research. Then, the business innovation model of the digital age was compared with the previous period. Based on this, we have searched for a business model suitable for the 4th Industrial Revolution era. The existing business models have many difficulties to explain the model of the digital era. Even though more empirical research should be supported, Michael Porter's diamond model is most suitable for four cases of business models by applying them. Type A sharing outcome with customer is a model that pay differently according to the basis of customer performance. Type B Value Chain Digitalization model provides products and services to customers with faster and lower cost by digitalizing products, services and SCM. Type C Digital Platform is the model that brings the biggest ripple effect. It is a model that can secure profitability by creating new market by creating the sharing economy based on digital platform. Finally, Type D Sharing Resources is a model for building a competitive advantage model by collaborating with partners in related industries. This is the most effective way to complement each other's core competencies and their core competencies. Even though numerous Unicorn companies have differentiated digital competitiveness with many digital technologies in their respective industries in the 4th Industrial Revolution era, there is a limit to the number of pieces to be listed. In future research, it is necessary to identify the business model of the digital age through more specific empirical analysis. In addition, since digital business models may be different in each industry, it is also necessary to conduct comparative analysis between industries